Diamonds are a girl’s best friend, but have you ever wondered if they could be a bit more…ethical? Enter lab grown diamond rings—sparkling stones that are as dazzling as their natural counterparts but come with a twist.
A report from The Diamond Producers Association (DPA) found that while natural diamonds still dominate the market, the share of lab grown diamonds in the overall diamond market has increased significantly. In 2020, lab grown diamonds accounted for approximately 4-6% of diamond sales, a substantial rise from previous years.
In this post, let’s explore the differences between lab-grown and natural diamonds. Whether you’re a jewelry enthusiast or a curious shopper, this guide will help illuminate your path to finding the perfect ring for your special someone.
What are Lab Grown Diamond Rings?
Lab grown diamonds, also known as synthetic or cultured diamonds, are the high-tech marvels of the jewelry world. Created in controlled laboratory environments, these diamonds are the result of advanced technological processes that replicate the natural diamond formation. There are two primary methods used on how lab grown diamonds are made:
– High Pressure High Temperature (HPHT): Mimics the natural conditions deep within the Earth, using high pressure and temperature to transform carbon into diamond.
– Chemical Vapor Deposition (CVD): Involves breaking down carbon-rich gases to deposit carbon atoms onto a substrate, forming diamond layers.
The result? Gem-quality diamonds that are chemically, physically, and optically identical to natural diamonds. And as a bonus, lab grown diamonds boast significant environmental benefits—no mining means less impact on our planet.
What are Natural Diamonds?
Natural diamonds are the Earth’s gift, formed over billions of years under extreme pressure and heat deep within the planet’s mantle. These stones are then brought to the surface through volcanic eruptions, making their way to us through the arduous mining process.
While natural diamonds carry the allure of ancient origins and a rich history, their extraction can be environmentally damaging and ethically questionable. Mining operations often leave a significant carbon footprint and can contribute to conflict in diamond-rich regions. However, they remain symbols of enduring value and timeless elegance.
Visual and Structural Differences
When it comes to appearance, lab grown and natural diamonds are virtually indistinguishable. Both types of diamonds exhibit the same fire, brilliance, and sparkle. Structurally, they share the same carbon lattice arrangement, making them equally hard and durable.
However, subtle differences can be detected under the scrutiny of a professional gemologist with specialized equipment. These differences are often related to the growth process and trace elements present in the diamonds. But for the average jewelry lover, these distinctions are invisible to the naked eye.
In 2018, the Federal Trade Commission recognized lab diamonds as real. But do lab created diamonds test as real? Absolutely. The Gemological Institute of America (GIA) has been grading laboratory-grown diamonds since 2007. As of July 1, 2019, GIA Laboratory-Grown Diamond Reports no longer use the term “synthetic.” These reports include the standard GIA color, clarity, and cut grading scales for reference purposes.
Price Comparison
One of the most significant differences between lab grown and natural diamonds is the price. Lab grown diamonds are typically 20-40% less expensive than their natural counterparts. This price difference is due to the shorter production time and lower costs associated with creating diamonds in a lab.
For consumers, this means getting a larger or higher quality diamond for the same budget. The affordability of lab grown diamonds makes them an attractive option for those looking to maximize their investment without compromising on beauty or quality.
Ethical and Environmental Considerations
Choosing lab grown diamonds means taking a stand for ethical and environmental sustainability. Lab grown diamonds are free from the ethical concerns associated with conflict diamonds—gems mined in war zones and sold to finance armed conflict against governments.
Additionally, the environmental impact of lab grown diamonds is significantly lower than that of mined diamonds. The energy consumption and carbon emissions associated with lab-grown diamond production are a fraction of those involved in traditional mining. Certifications and regulations ensure that lab grown diamonds are produced under ethical and sustainable conditions, providing peace of mind to conscientious consumers.
Durability and Longevity
Both lab grown and natural diamonds score a perfect 10 on the Mohs scale of hardness, making them incredibly durable and suitable for everyday wear. They are resistant to scratches and chips, ensuring that your diamond ring will stand the test of time.
Dispelling the myth that lab grown diamonds are less durable, it’s essential to understand that their identical physical properties guarantee the same level of resilience. Whether you choose a lab grown or natural diamond, you can be confident in the longevity and enduring beauty of your ring.
Investment Value
Natural diamonds have long been considered a stable investment, often retaining or even appreciating in value over time. The rarity and historical significance of natural diamonds contribute to their enduring market value.
Lab grown diamonds, on the other hand, are relatively new to the market. While they offer many advantages, their investment potential is still evolving. As technology advances and production increases, the market dynamics for lab grown diamonds may change. For now, their primary value lies in their ethical appeal and affordability.
Personal Preference and Choice
Ultimately, the choice between lab grown and natural diamonds is deeply personal. Consider your values, budget, and the significance you place on the origin of your diamond. Lab grown diamonds offer a modern, ethical, and affordable alternative to natural diamonds, making them an excellent choice for the eco-conscious and budget-savvy consumer.
Both lab grown and natural diamonds are stunning symbols of love and commitment. Whichever you choose, your diamond ring will shine brightly, capturing the essence of your unique journey.
Are lab grown diamonds worth it?
In the sparkling showdown between lab grown and natural diamonds, both shine brilliantly in their own right. Lab grown diamond rings offer a blend of modern technology, ethical production, and affordability, making them a compelling choice for today’s discerning buyers. Natural diamonds, with their storied past and enduring value, continue to captivate and enchant.
If you’re considering a lab grown diamond engagement ring, the decision is entirely yours. Some key factors to consider include your budget, your partner’s preference, and the importance you place on resale value.
Ready to learn more about natural and lab grown diamond rings? Drop by the Da Vinci Jewelry Design showroom for a free consultation and discover the perfect diamond ring that aligns with your values and style.